Start a Molly Maid Franchise in 2024

2024 Franchise 500 Rank: #103 Ranked #142 last year

Initial investment: $134K - $192K

Units as of 2023: 454 7% over 3 years

Molly Maid may be made for you! This cleaning company is operated under the Neighborly umbrella, allowing franchisees to use its business system to provide high-end residential cleaning services. David McKinnon founded the company in 1979, and its franchisees offer services from locally-owned locations around the nation. In 1984, it expanded from Canada to the United States. Company headquarters are located in Ann Arbor, Michigan. Molly Maid consists of a franchise network, covering over 475 locations in the U.S.

Molly Maid may be a repeat business opportunity for those interested in getting into the cleaning business. Having national brand recognition may assist you in your journey to achieving your goals. As a Molly Maid franchisee, it is possible to meet your personal, financial, and professional goals.

Why You May Want to Start a Molly Maid Franchise

If you are motivated to open a business franchise, Molly Maid is one to consider. They offer support as franchisees establish an enterprise and provide an in-demand service to their community. While striving to add value to people's lives, Molly Maid franchises offer housekeeping services in a recognizable market niche.

The franchisor may offer you a straightforward business model with reliable repeat customers who depend on your services. Within its flexible schedule, the business model targets American families whose members don't have time for housekeeping chores.

Molly Maid services are not automatable or replaceable, so clients outsource them to franchise holders. The franchise's time-saving cleaning solutions may be in it for the long haul, as they typically have steady clientele.

What Might Make a Molly Maid Franchise a Good Choice?

Molly Maid has created an established model of home cleaning solutions. Many franchisees choose to partner under its iconic brand name. This company boasts of having provided services to millions of Americans, many of which are happy to become repeat customers.

You will likely have the independence of operating your franchise to combine ambition with energy. Molly Maid offers the experience and expertise of its heritage alongside other benefits. Molly Maid strives to be known for its unique business system designed to improve sustainable and streamlined operations.

This franchise also carries with it comprehensive support and ongoing training on finance management, franchise consultation, and advice whenever needed. It's also helpful to note that Molly Maid has designated territory and registered trademarks for marketing, while also carrying a support system for strategies that target the web, media, client engagement, and continued innovation.

How to Open a Molly Maid Franchise

Having your own franchise doesn't necessarily mean you'll be dusting and cleaning houses, but the management and coordination of cleaner service teams are your responsibility. Becoming a Molly Maids franchisee means providing a service that customers can trust.

During the initial process of opening a Molly Maid franchise, you'll usually have the chance to speak to existing franchisees and ask questions directed to the Molly Maid team.

Molly Maid wishes to be more than just a cleaning service—get ready to offer comfort and clarity to your neighborhood.

Company Overview

About Molly Maid

Industry	Maintenance
Related Categories	Residential Cleaning, Miscellaneous Maintenance Businesses, Commercial Cleaning, Cleaning/Restoration
Founded	1979
Parent Company	Neighborly
Leadership	Marla Mock, Brand President
Corporate Address	1010 N. University Parks Dr. Waco, TX 76707
Social	Facebook, Twitter, LinkedIn, Instagram, YouTube, Pinterest

Business Overview

Franchising Since	1979 (45 years)
# of employees at HQ	1,600
Where seeking	This company is offering new franchises throughout the US.
# of Units	454 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Molly Maid franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$14,900
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$133,700 - $191,700
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$250,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$65,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	15% off franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	3%-6.5%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	2%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing	Molly Maid has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	40 hours
Classroom Training	133 hours
Ongoing Support	Purchasing Co-ops Newsletter Meetings & Conventions Toll-Free Line Grand Opening Online Support Security & Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates Regional Advertising Social Media SEO Website Development Email Marketing Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
# of employees required to run	14
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	No